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A comment on Berkshire Hathaway posts a 40% jump in operating earnings, cash pile of $157B. Parent comment

Re:Berkshire Hathaway posts a 40% jump in operating earnings... by guidoism on Monday November 06, 2023 @11:07AM (#38164409)
That “idle capital” is pretty central to the Ben Graham way of doing things. You keep it around waiting for a great investment. Weird things happen like when silver crashed in price for a couple of days in 2020.
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Re:Berkshire Hathaway posts a 40% jump in operating earnings... by Obscurity4340 on Monday November 06, 2023 @11:19AM (#38164575)
Nobody's arguing against the capitalist perspective in the sense that I don't question their methods to access and grow more/their existing capital.

I'm saying I believe it is bad for pro-social ends and society and that we should be striking a better balance in ensuring we keep the money moving.

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Re:Berkshire Hathaway posts a 40% jump in operating earnings... by Obscurity4340 on Monday November 06, 2023 @01:40PM (#38166812)
Or bubble up. Whatever the medium that is implied by this example should be viscous and sticky as shit tho.
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